Pathfinder Bancorp (NASDAQ:PBHC) Posts Earnings Results

Pathfinder Bancorp (NASDAQ:PBHC – Get Free Report) announced its quarterly earnings data on Monday. The savings and loans company reported $0.32 earnings per share (EPS) for the quarter, FiscalAI reports. Pathfinder Bancorp had a negative return on equity of 1.08% and a negative net margin of 1.70%. The company had revenue of $11.97 million for the quarter.

Pathfinder Bancorp Trading Up 0.0%

NASDAQ:PBHC opened at $17.00 on Tuesday. Pathfinder Bancorp has a 12 month low of $12.06 and a 12 month high of $18.30. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $83.32 million, a price-to-earnings ratio of -80.97 and a beta of 0.12. The firm has a fifty day simple moving average of $16.86 and a two-hundred day simple moving average of $15.04.

Pathfinder Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Friday, October 16th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, October 16th. Pathfinder Bancorp’s dividend payout ratio (DPR) is presently -190.48%.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Pathfinder Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, October 19th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, Pathfinder Bancorp has a consensus rating of “Hold”.

Get Our Latest Stock Report on PBHC

Hedge Funds Weigh In On Pathfinder Bancorp

A hedge fund recently bought a new position in Pathfinder Bancorp stock. BlackRock Inc. bought a new stake in Pathfinder Bancorp, Inc. (NASDAQ:PBHC – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 13,067 shares of the savings and loans company’s stock, valued at approximately $208,000. BlackRock Inc. owned 0.27% of Pathfinder Bancorp at the end of the most recent reporting period. 26.73% of the stock is currently owned by hedge funds and other institutional investors.

About Pathfinder Bancorp

(Get Free Report)

Pathfinder Bancorp, Inc is a bank holding company headquartered in Oswego, New York. Through its principal subsidiary, Pathfinder Bank, the company provides banking and financial services to individuals, families, businesses and organizations in Central New York.

Pathfinder Bank offers deposit accounts, consumer and commercial lending, residential and commercial real estate loans, mortgage products and other traditional banking services. The bank also provides cash management and related financial solutions designed to support small businesses, commercial customers and municipal organizations.

The institution traces its history to 1859 and has maintained a community-banking focus in the markets it serves.

Recommended Stories

Earnings History for Pathfinder Bancorp (NASDAQ:PBHC)

Receive News & Ratings for Pathfinder Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pathfinder Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.